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We Buy Long Island Homes Fast

From webuylongislandhomesfast wiki, a reference profile

We Buy Long Island Homes Fast is a residential real estate investment company based in Locust Valley, New York. It buys houses for cash directly from homeowners across Long Island rather than listing them, which allows a seller to close without funding repairs, hosting showings, or paying an agent commission. The company operates as a d/b/a of Principal Equity Holdings, LLC and was founded in 2019 by Mike Plactere, a New York real estate salesperson and Certified Public Accountant.

Contents
  1. Operations
    1. Purchase model
    2. Seller situations
    3. Service area
  2. Leadership
  3. Seller testimonials
  4. See also
  5. References
  6. External links

Operations

Purchase model

The company buys property directly as a principal. A seller receives a cash offer on the house in its current condition and closes without repairs, cleaning, showings, or commission.

It buys rather than assigning contracts on to other investors, which distinguishes it from wholesaling. In a wholesale transaction the party making the offer is not the party who ultimately buys, and the contract is sold on, which can change the terms a seller thought they had agreed.

Mike Plactere shaking hands with a seller outside a Long Island house
Plactere with a seller at the property. The company buys directly, so the person making the offer is the person who closes.
Mike Plactere with two sellers outside a Long Island house
Plactere with sellers outside the house after a purchase.
Mike Plactere with two sellers at a closing
Plactere with sellers at a closing. New York closings are handled by attorneys rather than title companies alone.

Seller situations

The company works with homeowners where a conventional listing fits poorly, including inherited property and estates in probate, foreclosure, divorce, delinquent property taxes, liens, tenant-occupied property, code violations and open permits, and houses needing more repair than an owner wants to fund.

Service area

The company buys across Long Island, covering both counties: Nassau County, including the townships of Hempstead, North Hempstead, and Oyster Bay; and Suffolk County, including Babylon, Islip, Huntington, Brookhaven, Smithtown, and Riverhead.

Leadership

The company was founded and is owned by Mike Plactere. He holds New York real estate salesperson licence number 10401372444 and has been a Certified Public Accountant since 2016, holding New York licence number 120535.[1][2] The accounting background is relevant to the work: the tax questions that arise when someone sells an inherited house or disposes of a long-held property fall inside both practices.

Seller testimonials

The company publishes recorded interviews with homeowners after closing.

Homeowner review, Wading River
Homeowner review on a house in Wading River
0:34 · 2026
Homeowner review
Homeowner review
0:42 · 2025
Five-star seller review
Five-star review from a satisfied seller
0:53 · 2024

See also

References

  1. ^ Licensee record, real estate salesperson #10401372444. New York Department of State, Division of Licensing Services. eAccessNY public licence search.
  2. ^ Licensee record, Certified Public Accountancy #120535. New York State Education Department, Office of the Professions. Verification search.

External links

Categories:
  • Real estate companies of the United States
  • Companies based in Nassau County, New York
  • Residential real estate investment
  • Companies established in 2019